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NOTES AND INTEREST RECEIVABLE (Tables)
 6 Months Ended
Jun. 30, 2020
Receivables [Abstract]  
Schedule of notes receivable

Below is a summary of our notes receivable as of June 30, 2020 (dollars in thousands): 

 

    Maturity   Interest          
Borrower   Date   Rate     Amount    Security
Performing loans:                  
     Prospectus Endeavors 4, LLC   01/23   12.00%                                 5,907   Secured
     Prospectus Endeavors 6, LLC   10/22   12.00%                                    496   Secured
     Oulan-Chikh Family Trust 03/21   8.00%                                    174   Secured
     H198, LLC (McKinney Ranch Land)   09/20   6.00%                                 4,554   Secured
     Forest Pines   11/20   5.00%                                 2,869   Secured
     Spyglass Apartments of Ennis, LP   11/20   5.00%                                 5,336   Secured
     Bellwether Ridge   11/20   5.00%                                 3,855   Secured
     Parc at Windmill Farms   11/20   5.00%                                 7,929   Secured
     Autumn Breeze Apts   10/21   5.00%                                 1,638   Secured
     Plum Tree   10/21   5.00%                                    658   Secured
     Ingleside   12/21   5.00%                                 2,181   Secured
     RNC   09/24   5.00%                                 8,853   Secured
     Revolving Line of Credit Steeple Crest   10/20   5.00%                                 6,665   Secured
     Unified Housing Foundation, Inc. (Echo Station) (1)   12/32   12.00%                                 1,481   Secured
     Unified Housing Foundation, Inc. (Inwood on the Park) (1)   12/32   12.00%                                 3,639   Secured
     Unified Housing Foundation, Inc. (Kensington Park) (1)   12/32   12.00%                                 3,934   Secured
     Unified Housing Foundation, Inc. (Lakeshore Villas) (1)   12/32   12.00%                                 2,000   Secured
     Unified Housing Foundation, Inc. (Lakeshore Villas) (1)   12/32   12.00%                                 6,369   Secured
     Unified Housing Foundation, Inc. (Lakeshore Villas) (1)   12/32   12.00%                                 2,732   Secured
     Unified Housing Foundation, Inc. (Limestone Ranch) (1)   12/32   12.00%                                 1,953   Secured
     Unified Housing Foundation, Inc. (Limestone Ranch) (1)   12/32   12.00%                                 2,000   Secured
     Unified Housing Foundation, Inc. (Limestone Ranch) (1)   12/32   12.00%                                 4,000   Secured
     Unified Housing Foundation, Inc. (Timbers of Terrell) (1)   12/32   12.00%                                 1,323   Secured
     Unified Housing Foundation, Inc. (1)   12/21   12.00%                               10,401   Unsecured
     Unified Housing Foundation, Inc. (1)   03/21   12.00%                                 5,314   Unsecured
     Unified Housing Foundation, Inc. (1)   03/22   12.00%                                 4,782   Unsecured
     Unified Housing Foundation, Inc. (Lakeshore Villas) (1)   07/21   12.00%                                    838   Secured
     Unified Housing Foundation, Inc. (Limestone Ranch) (1)   07/21   12.00%                                    773   Secured
     Unified Housing Foundation, Inc. (Marquis at Vista Ridge) (1)   07/21   12.00%                                    839   Secured
     Unified Housing Foundation, Inc. (Timbers at the Park) (1)   07/21   12.00%                                    432   Secured
     Unified Housing Foundation, Inc. (Bella Vista) (1)   08/21   12.00%                                    212   Secured
     Unified Housing Foundation, Inc. (1)   10/21   12.00%                                 6,831   Unsecured
     Unified Housing Foundation, Inc. (1)   12/32   12.00%                                    497   Unsecured
     Unified Housing Foundation, Inc. (1)   05/23   12.00%                                 3,615   Unsecured
     RAH/PFBL 2020 Advisory Fee   03/23   12.00%                                      61   Secured
     RAI/UHF RWR I&II, Tivoli   03/23   12.00%                                 1,482   Secured
     RAI/UHF 2020 Advisory Fee   03/23   12.00%                                 4,792   Secured
     RAI/UHF Trails of WR Sale   03/23   12.00%                                    716   Secured
     RAI/FBH 2020 Advisory Fee   03/23   12.00%                                    317   Secured
     Realty Advisors Management, Inc. (1)   12/22   2.28%                               20,387   Unsecured
     One Realco Corporation   01/23   3.00%                                 7,000   Unsecured
     Other related party notes (1) (2)   Various   Various                                 4,078   Various secured interests
     Other non-related party notes   Various   Various                               11,724   Various secured interests
     Accrued interest                                       14,509    
Total Performing                                     180,146    
      Allowance for estimated losses                                      (12,557)    
Total    $                   167,589    

 

(1) Related party notes
(2) An allowance was taken for estimated losses at full value of note.